POLYCAB - Long-term Trend analysis

POLYCAB - Long-term Trend analysis

1. On a weekly timeframe excellent breakout occurred.
2. Expecting some retracement, once It's done it will fly to all-time high.
3. For short-term swing traders 2700 is the first target.
4. For the swing traders, it will hit a 2810 all-time high.
5. For long-time swing traders, once it one and close above 2810 the target will be 4000. It may be the next Jesse Livermore stock.
6. Strong support at 2300.

Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
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